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On September 8, 2017, Ontario became the first province or territory in Canada to comprehensively outline its proposed plan in respect of the sale and distribution of recreational cannabis which is currently scheduled to commence on July 1, 2018.

The European Court of Justice (ECJ) has just ruled that competition regulators have a "certain margin for manoeuvre" in deciding whether prices are excessive, and that there is no single adequate method for such an assessment.

With 125+ locations in 50+ countries, Dentons is home to top-tier talent that is found at the intersection of geography, industry knowledge and substantive legal experience. Working with Dentons, you will have the opportunity to learn from the best lawyers in the industry at the largest law firm in the world.

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His field of experience encompasses out-of-court restructurings and workouts as well as court-assisted (mandate ad hoc and conciliation) restructuring proceedings designed to help firms avoid insolvency or bankruptcy. Such work has led him to advise French and international groups in selling off their underperforming subsidiaries or industrial units. He regularly serves as legal counsel for underperforming companies and also handles LBOs experiencing financial difficulties.

Nicolas also advises clients in connection with acquiring financially troubled companies (i.e. those not yet subject to bankruptcy proceedings or those under court-ordered bankruptcy protection or judicial reorganization) and LBOs, and he took part in the first debt-equity swap operations in France.

Experience

Sernam: Providing assistance to the debtor in administration, former state transportation leader, with 2,000 employees, €400 million in revenues and €1.4 billion of debt.

Monceau Fleurs: Assisting a turnaround fund, Perceva, with the presentation of a complex public takeover bid on a French listed company and world leader in retail flowers and plants, with 500 locations in France and throughout Europe.

Virgin Megastore: Acting for Vivarte, a €3.1 billion in revenues retail company, with 22,000 employees and more than 4,500 outlets established in France and abroad, bidding over the assets and activities of 25 Virgin Megastore retail shops.

Petroplus Petit-Couronne: Assisting a foreign investor in bidding over the assets of Petroplus Petit Couronne French refinery, 500 employees and €250M revenues, subsidiary of the Swiss group Petroplus, employing 2,500 people in Europe and partly owned by the American investment group Carlyle.

Confidential matter: Assisting a worldwide industry leader in a form of class action bringing together around 800 claimants against it.

Pronuptia: Assisting a debtor in administration, retail of wedding dresses.

Continental Nutrition: Assisting Crown European Holdings, main creditor of a company in administration

Un Jour Ailleurs: Assisting Euromezzanine, a French mezzanine lender in the restructuring of the Un Jour Ailleurs group, acting in the retail sector, 930 employees, €150 million in revenues, and €135 million of senior and mezzanine debt.

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